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You can now buy and sell NSE shares on the same day

By Patrick Alushula | 4yrs ago

NSE Market watch board during ringing of the bell ceremony at Nairobi Securities Exchange in Nairobi on Friday, September 4, 2019. [Jonah Onyango, Standard]

Nairobi Securities Exchange (NSE) investors can now buy and sell shares of any company within a single trading day. This would allow them to profit from instant price movements triggered by events like profit announcements.

The NSE today received approval from the Capital Markets Authority (CMA) and will roll out the practice—usually called day trading—on November 22.

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